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Property profile & analytics
OFF-MARKET
Investment properties
109 Legion Dr Cobleskill, NY 12043-5111
Individually Owned
15-yr Hold
Free & Clear
Property ID
US63-2566360
Property summary
AI-generated overview
This 1,943 square foot medical office building, located at 109 Legion Drive in Cobleskill, New York, presents a unique investment opportunity. Built in 1972, this single-story Class C building sits on a parcel with APN 56.18-5-12 and is currently vacant, offering immediate potential for a new owner. The property features two offices, three exam rooms, and a breakroom with a kitchenette, making it ideal for a variety of medical practices. Ample parking is available with 13 spaces. The roof has been recently renovated. Some furniture, fixtures, and equipment (FF&E) are negotiable. The property is zoned R3, allowing for potential conversion to residential use, subject to local approvals. Estimated annual real estate taxes are $5,481.60. The property's convenient location offers easy access to Cobleskill's central business district. This turnkey property is ready for immediate occupancy and presents a strong return on investment. The zip code is 12043. Schoharie County is the location of this property.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1972
Total area
1,943 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R3
APN
432601 56.18-5-12
UPID
US63-2566360
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Planned Parenthood - Cobleskill Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Planned Parenthood · 15 yrs held
Planned Parenthood
since 2011
1 recorded transaction
Zoning & alternative use
R3 · Cobleskill, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cobleskill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cobleskill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$120,000
Assessed 2023
Previous assessed
$120,000
+0.0% YoY
Assessed land
$12,000
Assessed improvement
$108,000
Land market value
$21,053
Improvement market value
$189,473
Total market value
$210,526
Applied tax rate
432,602.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1972
Heating
NONE
Buildings
1
Stories
1
Total area
1,943 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R3
APN
432601 56.18-5-12
UPID
US63-2566360
Jurisdiction
SCHOHARIE
Zoning & alternative use
R3 · Cobleskill, NYZoning R3 · permitted uses
R3 · Cobleskill, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Buildings
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Planned Parenthood
Individual
Free & Clear · 15 yrs held
Mailing address
1040 STATE ST, SCHENECTADY, NY 12307-1508
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2011
$150,000
Planned Parenthood
Joan L Rasmussen
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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